NOC
Income statement / Annual
Last year (2023), Northrop Grumman Corporation's total revenue was $39.29 B,
an increase of 7.34% from the previous year.
In 2023, Northrop Grumman Corporation's net income was $2.06 B.
See Northrop Grumman Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$39.29 B
|
$36.60 B
|
$35.67 B
|
$36.80 B
|
$33.84 B
|
$30.10 B
|
$25.80 B
|
$24.51 B
|
$23.53 B
|
$23.98 B
|
| Cost of Revenue |
$32.74 B |
$29.13 B |
$28.40 B |
$29.32 B |
$26.58 B |
$23.30 B |
$19.85 B |
$18.73 B |
$17.88 B |
$18.38 B |
| Gross Profit |
$6.55 B |
$7.47 B |
$7.27 B |
$7.48 B |
$7.26 B |
$6.79 B |
$5.95 B |
$5.78 B |
$5.64 B |
$5.60 B |
| Gross Profit Ratio |
0.17 |
0.2 |
0.2 |
0.2 |
0.21 |
0.23 |
0.23 |
0.24 |
0.24 |
0.23 |
| Research and Development
Expenses |
$1.20 B
|
$1.20 B
|
$1.10 B
|
$1.10 B
|
$953.00 M
|
$764.00 M
|
$639.00 M
|
$705.00 M
|
$712.00 M
|
$569.00 M
|
| General & Administrative
Expenses |
$4.01 B
|
$3.87 B
|
$3.60 B
|
$3.41 B
|
$3.29 B
|
$3.01 B
|
$2.66 B
|
$2.58 B
|
$2.57 B
|
$2.41 B
|
| Selling & Marketing
Expenses |
-$108.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$4.01 B
|
$3.87 B
|
$3.60 B
|
$3.41 B
|
$3.29 B
|
$3.01 B
|
$2.66 B
|
$2.58 B
|
$2.57 B
|
$2.41 B
|
| Other Expenses |
$354.00 M |
$2.74 B |
$3.84 B |
$256.00 M |
-$893.00 M |
$524.00 M |
$110.00 M |
$31.00 M |
$15.00 M |
$23.00 M |
| Operating Expenses |
$4.01 B |
$3.87 B |
$3.60 B |
$3.41 B |
$3.29 B |
$3.01 B |
$2.66 B |
$2.58 B |
$2.57 B |
$2.41 B |
| Cost And Expenses |
$36.75 B |
$33.00 B |
$32.00 B |
$32.73 B |
$29.87 B |
$26.32 B |
$22.50 B |
$21.32 B |
$20.45 B |
$20.78 B |
| Interest Income |
$0.00 |
$506.00 M |
$556.00 M |
$593.00 M |
$528.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$545.00 M |
$506.00 M |
$556.00 M |
$593.00 M |
$528.00 M |
$562.00 M |
$360.00 M |
$301.00 M |
$301.00 M |
$282.00 M |
| Depreciation &
Amortization |
$1.34 B
|
$1.34 B
|
$1.24 B
|
$1.27 B
|
$1.27 B
|
$800.00 M
|
$475.00 M
|
$456.00 M
|
$467.00 M
|
$462.00 M
|
| EBITDA |
$4.23 B
|
$7.68 B
|
$8.75 B
|
$5.59 B
|
$4.09 B
|
$5.10 B
|
$3.88 B
|
$3.68 B
|
$3.56 B
|
$3.68 B
|
| EBITDA Ratio |
0.11 |
0.21 |
0.25 |
0.15 |
0.12 |
0.17 |
0.15 |
0.15 |
0.15 |
0.15 |
| Operating Income Ratio
|
0.06
|
0.17
|
0.16
|
0.11
|
0.09
|
0.13
|
0.13
|
0.13
|
0.13
|
0.13
|
| Total Other
Income/Expenses Net |
$354.00 M
|
-$506.00 M
|
$3.29 B
|
-$337.00 M
|
-$528.00 M
|
$524.00 M
|
$110.00 M
|
$31.00 M
|
$15.00 M
|
$23.00 M
|
| Income Before Tax |
$2.35 B |
$5.84 B |
$8.94 B |
$3.73 B |
$2.55 B |
$3.74 B |
$3.05 B |
$2.92 B |
$2.79 B |
$2.94 B |
| Income Before Tax Ratio
|
0.06
|
0.16
|
0.25
|
0.1
|
0.08
|
0.12
|
0.12
|
0.12
|
0.12
|
0.12
|
| Income Tax Expense |
$290.00 M |
$940.00 M |
$1.93 B |
$539.00 M |
$300.00 M |
$513.00 M |
$1.03 B |
$723.00 M |
$800.00 M |
$868.00 M |
| Net Income |
$2.06 B |
$4.90 B |
$7.01 B |
$3.19 B |
$2.25 B |
$3.23 B |
$2.02 B |
$2.20 B |
$1.99 B |
$2.07 B |
| Net Income Ratio |
0.05 |
0.13 |
0.2 |
0.09 |
0.07 |
0.11 |
0.08 |
0.09 |
0.08 |
0.09 |
| EPS |
13.57 |
31.61 |
43.7 |
19.08 |
13.28 |
18.59 |
11.55 |
12.3 |
10.51 |
9.91 |
| EPS Diluted |
13.53 |
31.47 |
43.54 |
19.03 |
13.22 |
18.49 |
11.47 |
12.19 |
10.39 |
9.75 |
| Weighted Average Shares
Out |
$151.50 M
|
$154.90 M
|
$160.30 M
|
$167.10 M
|
$169.30 M
|
$173.70 M
|
$174.40 M
|
$178.90 M
|
$189.40 M
|
$208.80 M
|
| Weighted Average Shares
Out Diluted |
$152.00 M
|
$155.60 M
|
$160.90 M
|
$167.60 M
|
$170.00 M
|
$174.60 M
|
$175.60 M
|
$180.50 M
|
$191.60 M
|
$212.10 M
|
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